There were marginal changes in networth for the four fund managers in the first week of Smart Portfolios II. The managers have invested around 28-35 per cent of their individual starting corpus.

Cumulatively, the four money managers have invested Rs 12.62 lakh in the first four trading days of the new season. The managers started Smart Portfolios II started with an initial corpus of Rs 10 lakh each and the benchmark this time around is S&P CNX 500 index on the National Stock Exchange. There are some changes in the rules as compared to Season I and new faces as well.

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Last week the benchmark witnessed a marginal fall of 0.06 per cent. In other words, a virtual portfolio of S&P CNX 500 stocks with an initial corpus of Rs 10 lakh on September 1, 2009, is now valued at Rs 9.99 lakh as of September 4, 2009.

Amar Ambani, Sadanand Shetty and Praveen Panjwani have started on a positive note with marginal gains in the range of 0.35-1 per cent each. Ajay Parmar, however, has witnessed a marginal decline (0.9 per cent) in his networth.

Stay tuned for more ideas and investment strategies for the next one year from these experts as they look to out-perform the S&P CNX 500.

For more details on Smart Portfolios please visit http://www.business-standard.com/smartportfolios/

SEEKING A BALANCE

Sadanand Shetty
Vice President, Kotak Securities

Sadanand Shetty has begun the new season on a strong note. His portfolio is a mix of large-cap and mid-cap stocks, with investments of Rs 2.90 lakh. Prominent large-cap stocks in his portfolio are ONGC and Infosys.
 

Jagran Prakashan with a gain of 3.7 per cent and Suzlon up 2.5 per cent from his cost price are the best performing stocks in his portfolio. Other gainers are Indian Oil and Gateway Distriparks. Shetty's portfolio value is now Rs 10.03 lakh, including cash of Rs 7.10 lakh.

SMALL-CAP FOCUS

Praveen Panjwani
Assistant Vice President, Edelweiss

Praveen Panjwani is off the block on a winning note. He has invested Rs 2.76 lakh in the first week---all in small-caps. Off the five stocks he holds, VIP Industries has zoomed nearly 16 per cent from his cost price and is the best performing stock in his portfolio followed by CMC up a little over 6 per cent.
 

Godrej Industries, however, down 6.3 per cent is the sole loser in his portfolio. Panjwani's networth stands at Rs 10.10 lakh, and he holds Rs 7.24 lakh in cash.

IFCI-LED GAINS

Amar Ambani
Vice President (Research), India Infoline

After garnering massive gains and performing impressively in the first version of Smart Portfolios, Amar Ambani has begun the second season on a positive note. He bought stocks worth Rs 3.48 lakh. IFCI up nearly 9 per cent from his cost price is his best performing stock in this short period.
 

However, Navneet Publications and Hindustan Petroleum Corporation with losses of 3.2 and 2.2 per cent have diluted his returns. In the first week, Ambani's networth has appreciated marginally to Rs 10.04 lakh, and he holds Rs 6.52 lakh in cash.

INFRA HIT

Ajay Parmar
Head Research Institutional Equities, Emkay

Ajay Parmar has picked up five mid-cap stocks and one small-cap stock for his portfolio. He has invested over Rs 3.49 lakh in the first week. Of the six stocks, three are from the realty space.
 

The downturn in infrastructure stocks has had a negative impact resulting in a marginal loss of nearly 1 per cent. His largest holding is Torrent Pharma, and is also his best performing stock, up almost 4 per cent. IRB Infra down nearly 10 per cent is the biggest drag on his portfolio. Parmar's networth stands at Rs 9.91 lakh, and he holds Rs 6.51 lakh in cash.

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